File No. 28-417
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Securities and Exchange Commission
Washington, D.C. 20549
Report of the Calendar Quarter or Year Ended December 31, 1999.
Name of Institutional Investment Manager:
Colonial Management Associates, Inc.
Business Address:
One Financial Center, Boston, MA 02111
Name, Phone No., and Title of Person Duly Authorized to Submit This Report:
Nancy Conlin, (617) 772-3053, Senior Vice President
ATTENTION - Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and U.S.C. 78ff(a).
The institutional investment manager submitting this Form and its attachments
and the person by whom it is signed represent hereby that all information
contained herein is true, correct and complete. It is understood that all
required items, statements and schedules are considered integral parts of this
Form and that the submission of any amendment represents that all unamended
items, statements and schedules remain true, correct and complete as previously
submitted.
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Boston and The Commonwealth of Massachusetts on the
7th day of February, 2000.
COLONIAL MANAGEMENT ASSOCIATES, INC.
By: Nancy Conlin, Senior Vice President
Name and 13f file number of ALL Institutional Investment Managers with respect
to which this Schedule is filed (other than the one filing this report).
(List in alphabetical order.)
13f File Numbers will be assigned to Institutional Investment Managers
after they file their first report.
1. Liberty Mutual Insurance Company (13F File No. 28-33)
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 713
Form 13F Information Table Value Total: $5,411,235,391
List of Other Included Manager:
No. 13F File Number Name
1 28-33 Liberty Mutual Insurance Company
<PAGE>
<TABLE>
FORM 13F REPORT
<CAPTION>
Item 1 Item 2 Item 3 Item 4 Item 5 Item 6 Item 7 Item 8
Investment Discretion Voting Authority (Shares)
Shares or ------------------- ---------------------------
Title of CUSIP Fair Market Principal (a) (b) (c)Shd
Name of Issuer Class Number Value Amount Sole Shared Other Managers (a)Sole (b)Shared (c)None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ADC TELECOMMUNICATIONS INC COM 000886101 6,748,313 93,000 X 1 93,000
AES CORP COM 00130H105 48,572,550 649,800 X 1 649,800
A T & T CORP COM 001957109 60,554,900 1,193,200 X 1 1,193,200
AXA FINANICAL INC COM 002451102 6,070,400 179,200 X 1 179,200
ABBOTT LABS COM 002824100 6,162,231 169,700 X 1 169,700
ABERCROMBIE & FITCH CO-CL A COM 002896207 7,851,463 294,200 X 1 294,200
ABERCROMBIE & FITCH CO-CL A COM 002896207 1,068 40 X 40
ACCLAIM ENMNT INC COM 004325205 623,200 121,600 X 1 121,600
ACNIELSEN CORP COM 004833109 2,807,250 114,000 X 1 114,000
ACNIELSEN CORP COM 004833109 1,231 50 X 50
ADAC LABORATORIES COM 005313200 1,806,000 168,000 X 1 168,000
ADAPTEC INC COM 00651F108 8,593,463 172,300 X 1 172,300
ADAPTEC INC COM 00651F108 7,481 150 X 150
ADELPHIA BUSINESS SOLUTIONS COM 006847107 1,900,800 39,600 X 1 39,600
ADELPHIA COMMUN 13% SERIES B PFD CV 006848303 11,400,000 100,000 X 1 100,000
ADOBE SYSTEMS INC COM 00724F101 3,221,275 47,900 X 1 47,900
ADOBE SYSTEMS INC COM 00724F101 9,415 140 X 140
ADVEST GROUP COM 007566102 1,376,288 74,900 X 1 74,900
ADVO INC COM 007585102 3,116,000 131,200 X 1 131,200
AIRBORNE FREIGHT CORP COM 009266107 1,883,200 85,600 X 1 85,600
AIRGAS INC COM 009363102 1,425,000 150,000 X 1 150,000
ALBERTSONS INC COM 013104104 2,528,400 78,400 X 1 78,400
ALCOA INC COM 013817101 14,259,400 171,800 X 1 171,800
ALLEGHENY ENERGY IN COM COM 017361106 4,269,594 158,500 X 1 158,500
ALLERGAN INC COM 018490102 17,780,650 357,400 X 1 357,400
ALLERGAN INC COM 018490102 8,458 170 X 170
ALLIANT ENERGY CORP COM 018802108 10,198,210 370,844 X 1 370,844
ALLIANT TECHSYSTEMS INC COM 018804104 1,277,406 20,500 X 1 20,500
ALLMERICA FINANCIAL CORP COM 019754100 1,201,500 21,600 X 1 21,600
ALLSTATE CORP COM 020002101 17,956,800 748,200 X 1 748,200
ALPHA INDUSTRIES INC COM 020753109 1,799,613 31,400 X 1 31,400
ALPHARMA INC COM 020813101 2,395,425 77,900 X 1 77,900
ALTERA CORPORATION COM 021441100 7,003,181 141,300 X 1 141,300
ALTERA CORPORATION COM 021441100 4,461 90 X 90
AMBAC FINANCIAL GROUP INC COM 023139108 25,170,031 482,300 X 1 482,300
AMCOL INTERNATIONAL CORP COM 02341W103 1,964,025 121,800 X 1 121,800
AMERADA HESS CORP COM 023551104 4,738,625 83,500 X 1 83,500
AMERICA ONLINE INC COM 02364J104 14,898,906 197,500 X 1 197,500
AMERICA ONLINE INC COM 02364J104 4,526 60 X 60
AMERICAN EXPRESS CO COM 025816109 9,177,000 55,200 X 1 55,200
AMER INTERNATIONAL GROUP INC COM 026874107 35,327,789 326,731 X 1 326,731
AMERICAN WATER WORKS CO INC COM 030411102 1,434,375 67,500 X 1 67,500
AMERICREDIT CORP COM 03060R101 1,820,400 98,400 X 1 98,400
AMERISOURCE HEALTH CORP CL A COM 03071P102 598,388 39,400 X 1 39,400
AMES DEPT STORES INC COM 030789507 4,552,375 158,000 X 1 158,000
AMGEN INC COM 031162100 21,142,000 352,000 X 1 352,000
AMGEN INC COM 031162100 10,211 170 X 170
AMSOUTH BANCORPORATION COM 032165102 8,716,736 451,352 X 1 451,352
ANCHOR GAMING COM 033037102 2,428,156 55,900 X 1 55,900
ANHEUSER BUSCH INC COM 035229103 24,912,563 351,500 X 1 351,500
ANIXTER INTERNATIONAL INC COM 035290105 1,276,688 61,900 X 1 61,900
ANNTAYLOR STORES CORP COM 036115103 1,632,338 47,400 X 1 47,400
ANNTAYLOR STORES CORP COM 036115103 4,821 140 X 140
APPLE COMPUTER INC COM 037833100 25,394,688 247,000 X 1 247,000
APPLE COMPUTER INC COM 037833100 11,309 110 X 110
APPLIED MATLS COM 038222105 23,905,931 188,700 X 1 188,700
APPLIED MATLS COM 038222105 6,334 50 X 50
APPLIED MICRO CIRCUITS CORP COM 03822W109 10,510,850 82,600 X 1 82,600
APPLIED MICRO CIRCUITS CORP COM 03822W109 3,818 30 X 30
ARACRUZ CELULOSE SA ADR 'B COM 038496204 1,638,000 62,400 X 1 62,400
ARCH COMMUNICATIONS GROUP COM 039381504 995,656 151,000 X 1 151,000
ARKANSAS BEST CORP COM 040790107 1,054,800 87,900 X 1 87,900
ARVIN INDUSTRIES INC COM 043339100 817,200 28,800 X 1 28,800
ASPECT COMMUNICATIONS CORP COM 04523Q102 2,797,438 71,500 X 1 71,500
ASSOCIATED MATERIALS INC. COM 045709102 818,750 50,000 X 1 50,000
ASSOCIATES FIRST CAPITAL CORP COM 046008108 18,638,129 679,294 X 1 679,294
ASYST TECHNOLOGIES INC COM 04648X107 2,851,969 43,500 X 1 43,500
AUDIOVOX CORP -CL A COM 050757103 978,075 32,200 X 1 32,200
AVIS RENT A CAR INC COM 053790101 3,785,806 148,100 X 1 148,100
BJ SERVICES CO COM 055482103 3,834,206 91,700 X 1 91,700
BJ'S WHOLESALE CLUB INC COM 05548J106 3,551,450 97,300 X 1 97,300
BP AMOCO PLC-ADR COM 055622104 14,913,654 251,442 X 1 251,442
BMC SOFTWARE INC COM 055921100 13,653,325 170,800 X 1 170,800
BMC SOFTWARE INC COM 055921100 9,593 120 X 120
BANCWEST CORPORATION COM 059790105 1,021,800 52,400 X 1 52,400
BANK OF AMERICA CORP COM 060505104 22,094,244 440,234 X 1 440,234
BANK UNITED CORP CL A COM 065412108 2,545,150 93,400 X 1 93,400
C R BARD INC COM 067383109 2,120,000 40,000 X 1 40,000
BARNES GROUP INC COM 067806109 1,642,669 100,700 X 1 100,700
BARRICK GOLD CORP COM 067901108 2,955,581 167,100 X 1 167,100
BARR LABORATORIES INC COM 068306109 1,358,538 43,300 X 1 43,300
BAXTER INTERNATIONAL INC COM 071813109 5,357,906 85,300 X 1 85,300
BAXTER INTERNATIONAL INC COM 071813109 10,678 170 X 170
BEAR STEARNS COMPANIES INC COM 073902108 9,448,477 221,017 X 1 221,017
BECKMAN COULTER INC COM 075811109 1,704,313 33,500 X 1 33,500
BECKMAN COULTER INC COM 075811109 5,088 100 X 100
BELL AND HOWELL COMPANY COM 077852101 1,441,106 45,300 X 1 45,300
BELL ATLANTIC CORP COM 077853109 47,600,125 773,200 X 1 773,200
BELLSOUTH CORP COM 079860102 44,195,681 944,100 X 1 944,100
BEST BUY INC COM 086516101 20,441,369 407,300 X 1 407,300
BESTFOODS COM 08658U101 16,714,875 318,000 X 1 318,000
BINDLEY WESTERN INDUSTRIES INC COM 090324104 1,328,000 88,166 X 1 88,166
BIOGEN INC COM 090597105 13,824,200 163,600 X 1 163,600
BIOGEN INC COM 090597105 8,450 100 X 100
BIOMET INC COM 090613100 3,448,000 86,200 X 1 86,200
BOEING CO COM 097023105 27,930,000 672,000 X 1 672,000
BOISE CASCADE CORP COM 097383103 8,529,300 210,600 X 1 210,600
BRIGHTPOINT INC COM 109473108 2,247,000 171,200 X 1 171,200
BRINKER INTERNATIONAL INC COM 109641100 12,288,000 512,000 X 1 512,000
BRISTOL-MYERS SQUIBB CO COM 110122108 38,005,419 592,100 X 1 592,100
BROADWING INC COM 111620100 35,529,063 963,500 X 1 963,500
BRUNSWICK CORP COM 117043109 11,596,700 521,200 X 1 521,200
BURLINGTON RESOURCES INC COM 122014103 7,587,844 229,500 X 1 229,500
C-CUBE MICROSYSTEMS INC COM 125015107 1,108,050 17,800 X 1 17,800
CEC ENTERTAINMENT INC COM 125137109 6,463,825 227,800 X 1 227,800
CIGNA CORP COM 125509109 9,748,063 121,000 X 1 121,000
CK WITCO CORPORATION COM 12562C108 190,366 14,233 X 1 14,233
CMP GROUP INC COM 125887109 5,868,056 212,900 X 1 212,900
CMS ENERGY CORP COM 125896100 1,740,263 55,800 X 1 55,800
CNF TRANSPORTATION INC COM 12612W104 10,467,300 303,400 X 1 303,400
CTS CORP COM 126501105 2,999,925 39,800 X 1 39,800
CVS CORP COM 126650100 12,073,106 302,300 X 1 302,300
CALPINE CORPORATION COM 131347106 5,990,400 93,600 X 1 93,600
CALTON INC COM 131380206 600,750 356,000 X 1 356,000
CANADIAN NATL RAILWAY CO COM 136375102 4,010,025 152,400 X 1 152,400
CANANDAIGUA BRANDS INC COM 137219200 5,028,600 98,600 X 1 98,600
CANANDAIGUA BRANDS INC COM 137219200 3,570 70 X 70
CAPITAL ONE FINANCIAL CORP COM 14040H105 2,746,688 57,000 X 1 57,000
CAPITOL FEDERAL FINANCIAL COM 14057C106 1,737,450 178,200 X 1 178,200
CARLISLE COS INC COM 142339100 1,940,400 53,900 X 1 53,900
CATALINA MARKETING CORP COM 148867104 775,525 6,700 X 1 6,700
CATALINA MARKETING CORP COM 148867104 5,788 50 X 50
CENTEX CONSTRUCTION PRODUCTS COM 15231R109 842,400 21,600 X 1 21,600
CENTURYTEL INC COM 156700106 16,754,169 353,650 X 1 353,650
CHAMPION INTL CORP COM 158525105 3,914,450 63,200 X 1 63,200
CHARTER ONE FIN INC COM 160903100 5,798,968 303,214 X 1 303,214
CHARTER COMMUNICATIONS INC-A COM 16117M107 20,081,250 918,000 X 1 918,000
CHASE MANHATTAN CORP (NEW) COM 16161A108 37,608,519 484,100 X 1 484,100
CHEVRON CORP COM 166751107 20,720,700 239,200 X 1 239,200
CHICAGO TITLE CORP COM 168228104 2,095,125 45,300 X 1 45,300
CHIRON CORP COM 170040109 4,695,150 110,800 X 1 110,800
CHIRON CORP COM 170040109 9,323 220 X 220
CHRIS-CRAFT INDUSTIRES INC COM 170520100 13,732,600 190,400 X 1 190,400
CHURCH & DWIGHT CO COM 171340102 1,988,219 74,500 X 1 74,500
CINCINNATI FINANCIAL CORP COM 172062101 2,242,381 71,900 X 1 71,900
CIRCLE INTERNATIONAL COM 172574105 1,802,250 81,000 X 1 81,000
CISCO SYSTEMS INC COM 17275R102 82,796,913 772,900 X 1 772,900
CISCO SYSTEMS INC COM 17275R102 10,713 100 X 100
CITIGROUP INC COM 172967101 46,202,997 831,550 X 1 831,550
CITIZENS UTILITIES 5% CONV PRF PFD CV 177351202 5,637,500 100,000 X 1 100,000
CITRIX SYS INC COM 177376100 12,103,200 98,400 X 1 98,400
CITRIX SYS INC COM 177376100 3,690 30 X 30
CITY NATIONAL CORP COM 178566105 10,138,163 307,800 X 1 307,800
CLOROX CO COM 189054109 3,455,725 68,600 X 1 68,600
COASTAL CORP COM 190441105 37,655,888 1,062,600 X 1 1,062,600
COCA COLA CO COM 191216100 8,376,350 143,800 X 1 143,800
COCA-COLA ENTERPRISES COM 191219104 4,485,863 222,900 X 1 222,900
COFLEXIP-SPONSORED ADR COM 192384105 1,014,600 26,700 X 1 26,700
COHO ENERGY INC COM 192481109 12,600 30,000 X 1 30,000
COLORADO MEDTECH COM 19652U104 1,262,400 157,800 X 1 157,800
COLT TELECOM GROUP-SPONS ADR COM 196877104 5,834,400 28,600 X 1 28,600
COLUMBIA ENERGY GROUP COM 197648108 6,100,463 96,450 X 1 96,450
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 23,570,181 804,100 X 1 804,100
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 10,846 370 X 370
COMCAST CORP-SPECIAL CL A COM 200300200 25,788,300 513,200 X 1 513,200
COMMERCE BANCORP INC COM 200519106 2,021,875 50,000 X 1 50,000
COMMSCOPE INC COM 203372107 3,124,219 77,500 X 1 77,500
COMMUNITY BANK SYSTEM INC COM 203607106 1,734,375 75,000 X 1 75,000
COMPAQ COMPUTER CORP COM 204493100 3,271,856 120,900 X 1 120,900
COMPAQ COMPUTER CORP COM 204493100 2,706 100 X 100
COMPASS BANCSHARES INC COM 20449H109 3,152,756 141,300 X 1 141,300
COMPUWARE CORP COM 205638109 19,749,950 530,200 X 1 530,200
COMVERSE TECH COM 205862402 9,980,513 68,950 X 1 68,950
COMVERSE TECH COM 205862402 11,580 80 X 80
CONAGRA INC COM 205887102 3,515,238 155,800 X 1 155,800
CONCENTRIC NETWRK 13.5% PIK PF PFD CV 20589R305 3,609,082 3,646 X 1 3,646
CONECTIV INC COM 206829103 4,643,613 276,200 X 1 276,200
CONOCO INC -CL B COM 208251405 4,186,288 168,293 X 1 168,293
CONSTELLATION ENERGY GROUP COM 210371100 1,798,000 62,000 X 1 62,000
CONVERGYS CORP COM 212485106 11,912,550 387,400 X 1 387,400
CORN PRODUCTS INTL INC COM 219023108 4,470,375 136,500 X 1 136,500
CORNING INCORPORATED COM 219350105 15,949,569 123,700 X 1 123,700
COVENTRY HEALTH CARE INC COM 222862104 732,375 108,500 X 1 108,500
CROWN CORK AND SEAL CO. INC. COM 228255105 1,566,250 70,000 X 1 70,000
CULLEN/FROST BANKERS INC COM 229899109 6,151,675 238,900 X 1 238,900
CURATIVE HEALTH SERVICES INC COM 231264102 1,455,450 187,800 X 1 187,800
CYTEC INDUSTRIES INC COM 232820100 2,150,625 93,000 X 1 93,000
DPL INC COM 233293109 9,712,313 561,000 X 1 561,000
DST SYSTEMS INC COM 233326107 4,075,088 53,400 X 1 53,400
DSP GROUP INC COM 23332B106 4,296,600 46,200 X 1 46,200
DALLAS SEMICONDUCTOR CORP COM 235204104 2,197,319 34,100 X 1 34,100
DANA CORP COM 235811106 1,422,031 47,500 X 1 47,500
DARDEN RESTURANTS INC COM 237194105 9,919,813 547,300 X 1 547,300
DARLING INTERNATIONAL INC COM 237266101 280,934 132,204 X 1 132,204
DAYTON HUDSON CORP COM 239753106 20,232,031 275,500 X 1 275,500
DELL COMPUTER CORPORATION COM 247025109 11,322,000 222,000 X 1 222,000
DELL COMPUTER CORPORATION COM 247025109 2,550 50 X 50
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 3,489,570 221,560 X 1 221,560
DELPHI FINANCIAL GROUP CLASS A COM 247131105 3,098,771 103,292 X 1 103,292
DELTA AIR LINES INC COM 247361108 9,818,044 197,100 X 1 197,100
DENDRITE INTERNATIONAL INC COM 248239105 4,263,169 125,850 X 1 125,850
DENDRITE INTERNATIONAL INC COM 248239105 3,726 110 X 110
DEXTER CORP COM 252165105 4,320,825 108,700 X 1 108,700
DIAMOND OFFSHORE DRILLING COM 25271C102 6,925,463 226,600 X 1 226,600
DIEBOLD INC COM 253651103 3,225,375 137,250 X 1 137,250
WALT DISNEY PRODUCTIONS COM 254687106 2,647,125 90,500 X 1 90,500
DOMINION RESOURCES INC COM 257470104 5,039,700 128,400 X 1 128,400
DOW CHEMICAL CO COM 260543103 25,174,950 188,400 X 1 188,400
DOWNEY FINL CP COM 261018105 3,272,394 162,100 X 1 162,100
EI DUPONT DE NEMOURS & CO INC COM 263534109 1,418,750 21,537 X 1 21,537
DUKE ENERGY COM 264399106 19,799,375 395,000 X 1 395,000
DURA PHARMACEUTICALS INC COM 26632S109 1,853,688 133,000 X 1 133,000
DYCOM INDUSTRIES INC COM 267475101 3,348,750 76,000 X 1 76,000
EMC CORP COM 268648102 31,857,300 291,600 X 1 291,600
EMC CORP COM 268648102 3,278 30 X 30
E*TRADE GROUP INC COM 269246104 1,567,500 60,000 X 1 60,000
E*TRADE GROUP INC COM 269246104 784 30 X 30
RENAISSANCERE HOLDINGS LTD COM 2728429 2,207,250 54,000 X 1 54,000
EASTMAN KODAK CO COM 277461109 4,028,000 60,800 X 1 60,800
ECHOSTAR COMMUNICATIONS CL A COM 278762109 23,400,000 240,000 X 1 240,000
ECOLAB INC COM 278865100 1,619,775 41,400 X 1 41,400
EDISON INTERNATIONAL COM 281020107 34,722,006 1,325,900 X 1 1,325,900
EDWARDS (A.G.), INC COM 281760108 11,398,219 355,500 X 1 355,500
EL PASO ENERGY CORP COM 283905107 25,371,731 653,700 X 1 653,700
ELECTRONIC ARTS INC COM 285512109 3,469,200 41,300 X 1 41,300
ELECTRONIC DATA SYSTEMS CORP COM 285661104 15,790,556 235,900 X 1 235,900
ELECTRONIC DATA SYSTEMS CORP COM 285661104 10,710 160 X 160
ELECTRONISC FOR IMAGING COM 286082102 3,016,688 51,900 X 1 51,900
ELECTRONISC FOR IMAGING COM 286082102 6,394 110 X 110
EMBRATEL PARTICIPACOES ADR COM 29081N100 337,900 12,400 X 1 12,400
EMERSON ELECTRIC CO COM 291011104 2,874,488 50,100 X 1 50,100
ENCORE WIRE CORP COM 292562105 879,925 115,400 X 1 115,400
ENERGEN CORP COM 29265N108 1,672,588 92,600 X 1 92,600
ENERGY EAST CORPORATION COM 29266M109 4,674,488 224,600 X 1 224,600
ENGELHARD CORPORATION COM 292845104 8,997,713 476,700 X 1 476,700
ENHANCE FINANCIAL SVCS GROUP COM 293310108 3,280,875 201,900 X 1 201,900
ENRON CORP COM 293561106 56,929,753 1,282,924 X 1 1,282,924
ENTERGY CORP COM 29364G103 30,009,050 1,165,400 X 1 1,165,400
ERICSSON (LM) TEL ADR COM 294821400 3,639,088 55,400 X 1 55,400
ERICSSON (LM) TEL ADR COM 294821400 2,628 40 X 40
ESTERLINE TECHNOLOGIES CORP COM 297425100 1,020,969 88,300 X 1 88,300
ETHAN ALLEN INTERIORS INC COM 297602104 4,124,841 128,650 X 1 128,650
EXPEDITORS INTL WASH INC COM 302130109 1,169,794 26,700 X 1 26,700
EXXON MOBIL CORPORATION COM 30231G102 59,002,364 732,380 X 1 732,380
FMC CORP COM 302491303 2,951,594 51,500 X 1 51,500
FPL GROUP INC COM 302571104 21,247,844 496,300 X 1 496,300
FREDDIE MAC COM 313400301 9,087,769 193,100 X 1 193,100
FANNIE MAE COM 313586109 8,622,619 138,100 X 1 138,100
FEDERATED DEPT STORES INC NEW COM 31410H101 19,522,181 386,100 X 1 386,100
FIDELITY NATIONAL FINL INC COM 316326107 1,962,188 136,500 X 1 136,500
FINL SECURITY ASSURANCE HLDG COM 31769P100 9,731,738 186,700 X 1 186,700
FIRST FEDERAL CAPITAL CORP COM 319960100 2,284,425 156,200 X 1 156,200
FIRST DATA CORP COM 319963104 5,044,669 102,300 X 1 102,300
FIRST DATA CORP COM 319963104 10,849 220 X 220
FIRST MIDWEST BANCORP INC/IL COM 320867104 2,084,225 78,650 X 1 78,650
FIRST UNION CORP COM 337358105 4,383,783 133,601 X 1 133,601
FIRSTFED FINANCIAL CORP COM 337907109 2,711,250 192,800 X 1 192,800
FIRSTENERGY CORP COM 337932107 9,755,625 430,000 X 1 430,000
FLEET BOSTON FINANCIAL CORP COM 339030108 16,692,594 479,500 X 1 479,500
FLORIDA PROGRESS CORP COM 341109106 4,100,081 96,900 X 1 96,900
FLUOR CORP COM 343861100 2,435,963 53,100 X 1 53,100
FORD MOTOR CO COM 345370100 32,142,656 601,500 X 1 601,500
FOREST OIL CORP COM 346091606 216,684 16,431 X 1 16,431
FORT JAMES CORP COM 347471104 2,543,138 92,900 X 1 92,900
FOSSIL INC COM 349882100 4,580,484 198,075 X 1 198,075
FOSSIL INC COM 349882100 3,469 150 X 150
FULLER (H.B.) CO COM 359694106 1,118,750 20,000 X 1 20,000
FURNITURE BRANDS INTL INC COM 360921100 13,816,000 628,000 X 1 628,000
GPU INC COM 36225X100 3,670,338 122,600 X 1 122,600
GTE CORP COM 362320103 57,310,863 812,200 X 1 812,200
GALLAGHER (ARTHUR J.) & CO. COM 363576109 2,415,175 37,300 X 1 37,300
GATEWAY INC COM 367626108 8,849,275 122,800 X 1 122,800
GATEWAY INC COM 367626108 10,809 150 X 150
GEHL CO COM 368483103 2,089,800 116,100 X 1 116,100
GENERAL DYNAMICS CORP COM 369550108 1,935,925 36,700 X 1 36,700
GENERAL ELECTRIC CO COM 369604103 104,533,625 675,500 X 1 675,500
GENERAL MILLS INC COM 370334104 9,445,150 264,200 X 1 264,200
GENERAL MOTORS CORP COM 370442105 4,041,425 55,600 X 1 55,600
GENESCO INC COM 371532102 1,740,700 133,900 X 1 133,900
GEON COMPANY COM 37246W105 1,735,500 53,400 X 1 53,400
GENZYME COM 372917104 3,096,000 68,800 X 1 68,800
GEORGIA PACIFIC CORP COM 373298108 3,689,525 72,700 X 1 72,700
GLATFELTER (P.H.) CO COM 377316104 1,610,613 110,600 X 1 110,600
GOLDEN STATE BANCORP COM 381197102 1,757,775 101,900 X 1 101,900
GOLDEN STATE BANCORP-LITIG WT COM 381197136 135,625 155,000 X 1 155,000
GOLDEN WEST FINANCIAL CORP COM 381317106 5,658,150 168,900 X 1 168,900
B F GOODRICH CO COM 382388106 10,590,250 385,100 X 1 385,100
W R GRACE & CO COM 38388F108 2,622,375 189,000 X 1 189,000
GRANITE CONSTRUCTION INC COM 387328107 1,652,000 89,600 X 1 89,600
GREATER BAY BANCORP COM 391648102 1,985,113 46,300 X 1 46,300
GREENPOINT FINANCIAL CORP COM 395384100 8,362,950 351,200 X 1 351,200
GRUPO TELEVISA SA-SPONS GDR COM 40049J206 4,647,825 68,100 X 1 68,100
GULF CANADA RES LTD COM 40218L305 506,250 150,000 X 1 150,000
HS RESOURCES INC COM 404297103 1,388,625 80,500 X 1 80,500
HANDLEMAN CO COM 410252100 969,688 72,500 X 1 72,500
HARLEY DAVIDSON COM 412822108 4,740,625 74,000 X 1 74,000
HARLEY DAVIDSON COM 412822108 2,563 40 X 40
HARRAH'S ENTERTAINMENT INC COM 413619107 6,218,100 235,200 X 1 235,200
HARTFORD LIFE CL A COM 416592103 3,163,600 71,900 X 1 71,900
HEALTH MGMT SYSTEMS INC COM 42219M100 1,112,263 176,200 X 1 176,200
HENRY JACK & ASSOCIATES COM 426281101 1,787,794 33,300 X 1 33,300
HERTZ CORP-CL A COM 428040109 4,360,875 87,000 X 1 87,000
HEWLETT-PACKARD CO COM 428236103 5,184,156 45,500 X 1 45,500
HEWLETT-PACKARD CO COM 428236103 10,254 90 X 90
HIBERNIA CORP COM 428656102 2,016,625 189,800 X 1 189,800
HOME DEPOT INC COM 437076102 10,016,981 146,100 X 1 146,100
HONEYWELL INTERNATIONAL INC COM 438516106 15,844,593 274,663 X 1 274,663
HOOPER HOLMES INC COM 439104100 3,272,825 127,100 X 1 127,100
HORMEL FOODS CORP COM 440452100 7,040,313 173,300 X 1 173,300
HOUSEHOLD INTERNATIONAL INC COM 441815107 6,358,575 170,700 X 1 170,700
HUDSON UNITED BANCORP COM 444165104 2,084,699 81,553 X 1 81,553
HYPERION SOLUTIONS CORP COM 44914M104 4,837,418 111,205 X 1 111,205
HYPERION SOLUTIONS CORP COM 44914M104 3,915 90 X 90
IBP INC COM 449223106 1,317,600 73,200 X 1 73,200
IDEC PHARMACEUTICALS CORP COM 449370105 3,035,925 30,900 X 1 30,900
IDEC PHARMACEUTICALS CORP COM 449370105 3,930 40 X 40
IMC GLOBAL INC COM 449669100 1,580,188 96,500 X 1 96,500
IDACORP INC COM 451107106 2,080,650 77,600 X 1 77,600
IDEXX LABS INC COM 45168D104 1,006,200 62,400 X 1 62,400
ILLINOIS TOOL WORKS INC COM 452308109 693,326 10,262 X 1 10,262
IMATION CORP COM 45245A107 1,879,500 56,000 X 1 56,000
INCO LTD COM 453258402 3,144,300 133,800 X 1 133,800
INDEPENDENCE COMMUNITY BANK COM 453414104 981,250 78,500 X 1 78,500
INDIANA ENERGY INC COM 454707100 965,600 54,400 X 1 54,400
INGERSOLL RAND CO COM 456866102 15,120,163 274,600 X 1 274,600
INTEL CORP COM 458140100 42,851,888 520,600 X 1 520,600
INTEL CORP COM 458140100 10,701 130 X 130
INTERDIGITAL COM CORP COM 45866A105 3,802,500 50,700 X 1 50,700
INTERIM SERVICES INC COM 45868P100 3,588,750 145,000 X 1 145,000
INTL BUSINESS MACHINES CORP COM 459200101 57,790,800 535,100 X 1 535,100
INTERNATIONAL PAPER CO COM 460146103 21,886,463 387,800 X 1 387,800
INTERSTATE BAKERIES COM 46072H108 4,108,938 226,700 X 1 226,700
INTUIT INC COM 461202103 6,107,631 101,900 X 1 101,900
INTUIT INC COM 461202103 10,789 180 X 180
IRISH INVESTMENT FUND COM 462710104 1,837,500 120,000 X 1 120,000
ISLE OF CAPRI CASINOS COM 464592104 4,262,200 323,200 X 1 323,200
IVAX CORP COM 465823102 2,726,925 105,900 X 1 105,900
JACK IN THE BOX INC COM 466367109 3,552,044 171,700 X 1 171,700
JACOBS ENGINEERING GROUP INC COM 469814107 3,298,750 101,500 X 1 101,500
JOHNSON & JOHNSON COM 478160104 12,916,438 138,700 X 1 138,700
JOHNSON CONTROLS INC COM 478366107 9,805,250 172,400 X 1 172,400
JONES PHARMA INC COM 480236108 3,805,125 87,600 X 1 87,600
JONES PHARMA INC COM 480236108 5,213 120 X 120
K MART CORP COM 482584109 5,018,169 498,700 X 1 498,700
K N ENERGY INC 8.25% PREFD PFD CV 482620507 12,187,500 375,000 X 1 375,000
K-SWISS CLASS A COM 482686102 726,405 39,100 X 1 39,100
KELLOGG CO COM 487836108 2,366,400 76,800 X 1 76,800
KELLWOOD CO COM 488044108 1,547,225 79,600 X 1 79,600
KERR MCGEE CORP COM 492386107 3,298,400 53,200 X 1 53,200
KIMBERLY CLARK CORP COM 494368103 15,875,325 243,300 X 1 243,300
KINDER MORGAN ENERGY PRTNRS COM 494550106 4,649,288 112,200 X 1 112,200
KNIGHT RIDDER INC COM 499040103 2,308,600 38,800 X 1 38,800
KONINKLIJKE PHILIPS ELECTRONIC COM 500472204 2,938,680 21,768 X 1 21,768
KOREA ELECTRIC POWER ADR COM 500631106 969,825 57,900 X 1 57,900
KOREA TELECOM CORP-SP ADR COM 50063P103 3,371,225 45,100 X 1 45,100
KROGER CO COM 501044101 6,234,413 330,300 X 1 330,300
KRONOS INC COM 501052104 1,992,000 33,200 X 1 33,200
KRONOS INC COM 501052104 4,200 70 X 70
KUALA HEALTHCARE INC COM 501157101 17,667 176,666 X 1 176,666
LAFARGE CORP COM 505862102 2,154,750 78,000 X 1 78,000
LANDAMERICA COM 514936103 1,767,675 96,200 X 1 96,200
LATTICE SEMICONDUCTOR CORP COM 518415104 2,196,025 46,600 X 1 46,600
LEAR CORP COM 521865105 8,896,000 278,000 X 1 278,000
LEGGETT & PLATT INC COM 524660107 1,882,213 87,800 X 1 87,800
LEHMAN BROTHERS HLDG INC COM 524908100 6,072,094 71,700 X 1 71,700
LEXMARK INTL COM 529771107 6,389,300 70,600 X 1 70,600
LEXMARK INTL COM 529771107 4,525 50 X 50
LIBERTY PROPERTY TRUST COM 531172104 29,306,125 1,208,500 X 1 1,208,500
ELI LILLY & CO COM 532457108 17,695,650 266,100 X 1 266,100
ELI LILLY & CO COM 532457108 2,660 40 X 40
LINCARE HOLDINGS INC COM 532791100 9,490,500 273,600 X 1 273,600
LINEAR TECHNOLOGY CORP COM 535678106 6,927,250 96,800 X 1 96,800
LINEAR TECHNOLOGY CORP COM 535678106 4,294 60 X 60
LIPOSOME COMPANY INC COM 536310105 1,570,542 128,700 X 1 128,700
LIPOSOME COMPANY INC COM 536310105 4,027 330 X 330
LIZ CLAIBORNE INC COM 539320101 2,189,775 58,200 X 1 58,200
LOCKHEED MARTIN CORP COM 539830109 14,997,500 685,600 X 1 685,600
LOEWS CORP COM 540424108 2,937,275 48,400 X 1 48,400
LOWES COMPANIES INC COM 548661107 1,463,875 24,500 X 1 24,500
LUBRIZOL CORP COM 549271104 10,003,500 324,000 X 1 324,000
LUCENT TECHNOLOGIES INC COM 549463107 63,792,619 852,700 X 1 852,700
LUCENT TECHNOLOGIES INC COM 549463107 2,993 40 X 40
LYONDELL PETRO COM 552078107 5,144,625 403,500 X 1 403,500
MAF BANCORP INC COM 55261R108 3,777,125 180,400 X 1 180,400
MBIA INC COM 55262C100 2,466,344 46,700 X 1 46,700
MBNA CORP COM 55262L100 4,755,125 174,500 X 1 174,500
MCN ENERGY GROUP INC COM 55267J100 9,557,000 402,400 X 1 402,400
MCI WORLDCOM INC COM 55268B106 90,816,469 1,711,500 X 1 1,711,500
MCI WORLDCOM INC COM 55268B106 2,388 45 X 45
MDU RESOURCES GROUP COM 552690109 9,170,000 458,500 X 1 458,500
MGIC INV CORP COM 552848103 8,516,531 141,500 X 1 141,500
MACLEOD-STEDMAN COM 55477D109 4,250 425,000 X 1 425,000
MACROMEDIA INC COM 556100105 2,800,688 38,300 X 1 38,300
MANITOWOC INC COM 563571108 4,848,400 142,600 X 1 142,600
MANPOWER COM 56418H100 9,974,388 265,100 X 1 265,100
MARSH & MCLENNAN CO INC COM 571748102 2,679,250 28,000 X 1 28,000
MATTEL INC COM 577081102 3,618,563 275,700 X 1 275,700
MAXIM INTEGRATED PRODUCTS INC COM 57772K101 9,673,438 205,000 X 1 205,000
MAXIM INTEGRATED PRODUCTS INC COM 57772K101 2,831 60 X 60
MAYTAG CORP COM 578592107 5,995,200 124,900 X 1 124,900
MCCLATCHY COMPANY COM 579489105 4,411,500 102,000 X 1 102,000
MCCORMICK & CO COM 579780206 2,879,800 96,800 X 1 96,800
MCLEODUSA INC-CL A COM 582266102 492,489 8,365 X 1 8,365
MCLEODUSA INC-SER A CUM PFD COM 582266201 41,200,000 80,000 X 1 80,000
MEDICIS PHARMACEUTICAL CL A COM 584690309 3,577,378 84,050 X 1 84,050
MEDICIS PHARMACEUTICAL CL A COM 584690309 2,979 70 X 70
MEMBERWORKS INC COM 586002107 1,938,150 58,400 X 1 58,400
MEMBERWORKS INC COM 586002107 4,646 140 X 140
MERCK & CO INC COM 589331107 30,620,738 456,600 X 1 456,600
MERCK & CO INC COM 589331107 10,730 160 X 160
MERCURY INTERACTIVE CORP COM 589405109 6,249,581 57,900 X 1 57,900
MERCURY INTERACTIVE CORP COM 589405109 6,476 60 X 60
MERITOR AUTOMOTIVE INC COM 59000G100 1,978,188 102,100 X 1 102,100
MERRILL LYNCH & CO INC COM 590188108 11,264,150 134,900 X 1 134,900
METRIS COMPANIES INC COM 591598107 5,353,125 150,000 X 1 150,000
METROCALL INC COM 591647102 168,750 100,000 X 1 100,000
METROMEDIA FIBER NETWORK-A COM 591689104 2,114,044 44,100 X 1 44,100
MICHAEL FOODS INC COM 594079105 1,479,963 60,100 X 1 60,100
MICREL INC COM 594793101 2,442,619 42,900 X 1 42,900
MICROS SYSTEMS INC COM 594901100 2,471,600 33,400 X 1 33,400
MICROSOFT CORP COM 594918104 114,181,500 978,000 X 1 978,000
MICROSOFT CORP COM 594918104 2,335 20 X 20
MICROCHIP TECHNOLOGY COM 595017104 11,867,063 173,400 X 1 173,400
MICROCHIP TECHNOLOGY COM 595017104 6,159 90 X 90
MIDAS INC COM 595626102 1,010,625 46,200 X 1 46,200
MIDAMERICAN ENERGY HLDGS CO COM 59562V107 5,972,794 177,300 X 1 177,300
MILACRON INC COM 598709103 1,337,625 87,000 X 1 87,000
MILLER HERMAN INC COM 600544100 11,513,800 500,600 X 1 500,600
MINNESOTA MINING & MFG CO COM 604059105 9,581,963 97,900 X 1 97,900
MINNESOTA POWER INC COM 604110106 6,924,050 408,800 X 1 408,800
MONSANTO CO COM 611662107 2,867,813 80,500 X 1 80,500
MONY GROUP INC COM 615337102 1,412,675 48,400 X 1 48,400
J P MORGAN & CO INC COM 616880100 6,863,075 54,200 X 1 54,200
MORGAN STANLEY DEAN WITTER COM 617446448 31,547,750 221,000 X 1 221,000
MSDW EMERGING MARKETS FUND COM 61744G107 892,294 54,700 X 1 54,700
MOTOROLA INC COM 620076109 18,155,925 123,300 X 1 123,300
MOTOROLA INC COM 620076109 10,308 70 X 70
MUELLER INDUSTRIES INC COM 624756102 8,471,625 233,700 X 1 233,700
MUSICLAND STORES CORP COM 62758B109 1,434,375 170,000 X 1 170,000
MYLAN LABORATORIES, INC COM 628530107 8,065,038 320,200 X 1 320,200
NTL INC COM 629407107 30,938,000 248,000 X 1 248,000
NVR INC COM 62944T105 3,208,800 67,200 X 1 67,200
NABISCO HOLDINGS CORP COM 629526104 2,855,738 90,300 X 1 90,300
NABORS INDUSTRIES INC COM 629568106 1,915,263 61,908 X 1 61,908
NACCO INDUSTRIES INC CL A COM 629579103 1,966,913 35,400 X 1 35,400
NATIONAL COMPUTER SYS INC COM 635519101 2,742,863 72,900 X 1 72,900
NATIONWIDE FINANCIAL SERV A COM 638612101 12,021,506 430,300 X 1 430,300
NAUTICA COM 639089101 2,283,994 201,900 X 1 201,900
NAVISTAR INTERNATIONAL COM 63934E108 6,585,125 139,000 X 1 139,000
NEOPHARM INC COM 640919106 868,969 40,300 X 1 40,300
JAPAN OTC FUND INC COM 647305SDL 760,000 250 X 1 250
NEW YORK TIMES CO CLASS A COM 650111107 5,231,813 106,500 X 1 106,500
NEWELL RUBBERMAID INC COM 651229106 3,146,500 108,500 X 1 108,500
NEXTEL COMMUNICATIONS CL A COM 65332V103 6,434,278 62,393 X 1 62,393
NEXTEL COMMUN 11.125% PIK PFD PFD CV 65332V707 26,741,209 26,476 X 1 26,476
NICOR INC COM 654086107 2,525,250 77,700 X 1 77,700
NISOURCE INC COM 65473P105 471,900 26,400 X 1 26,400
NOKIA CORP ADR A COM 654902204 5,358,000 28,200 X 1 28,200
NOBLE DRILLING CORP COM 655042109 5,115,550 156,200 X 1 156,200
NORDSTROM INC COM 655664100 3,249,869 124,100 X 1 124,100
NORTEK INC. COM 656559101 1,797,600 64,200 X 1 64,200
NORTH FORK BANCORPORATION COM 659424105 4,942,000 282,400 X 1 282,400
NORTHWEST NATURAL GAS CO COM 667655104 1,765,969 80,500 X 1 80,500
NOVELLUS SYSTEMS INC COM 670008101 8,724,225 71,200 X 1 71,200
NOVELLUS SYSTEMS INC COM 670008101 7,352 60 X 60
NUCOR CORP COM 670346105 5,267,481 96,100 X 1 96,100
OFFICE DEPOT INC COM 676220106 5,939,063 543,000 X 1 543,000
OLD REPUBLIC INTL CORP COM 680223104 3,988,378 292,725 X 1 292,725
OMNICOM GROUP COM 681919106 18,700,000 187,000 X 1 187,000
ONEOK INC COM 682680103 1,213,538 48,300 X 1 48,300
OPTICAL COATING LABORATORY COM 683829105 4,558,400 15,400 X 1 15,400
ORACLE CORP COM 68389X105 31,130,963 277,800 X 1 277,800
ORACLE CORP COM 68389X105 11,206 100 X 100
OSHKOSH TRUCK CORP COM 688239201 968,778 33,050 X 1 33,050
OSTEOTECH INC COM 688582105 2,303,844 172,250 X 1 172,250
OWENS & MINOR INC HLDG CO COM 690732102 1,495,244 167,300 X 1 167,300
PECO ENERGY CO COM 693304107 3,436,775 98,900 X 1 98,900
P G & E CORP COM 69331C108 1,172,600 57,200 X 1 57,200
PMI GROUP INC COM 69344M101 8,752,081 179,300 X 1 179,300
PNC BANK CORP COM 693475105 7,275,750 163,500 X 1 163,500
PRI AUTOMATION INC COM 69357H106 3,926,813 58,500 X 1 58,500
PRI AUTOMATION INC COM 69357H106 5,370 80 X 80
PSC INC COM 69361E107 1,321,600 179,200 X 1 179,200
PACCAR INC COM 693718108 6,957,063 157,000 X 1 157,000
PACIFIC CENTURY FINL CORP COM 694058108 1,227,769 65,700 X 1 65,700
PACIFICARE HEALTH SYSTEMS - A COM 695112102 2,337,300 44,100 X 1 44,100
PACIFICARE HEALTH SYSTEMS - A COM 695112102 5,300 100 X 100
PAINE WEBBER GROUP INC COM 695629105 14,942,813 385,000 X 1 385,000
PARK ELECTROCHEMICAL CORP COM 700416209 2,350,781 88,500 X 1 88,500
PARK PLACE ENTERTAINMENT COM 700690100 2,875,000 230,000 X 1 230,000
PARKER DRILLING CO COM 701081101 318,750 100,000 X 1 100,000
PATTERSON DENTAL CO COM 703412106 7,099,194 166,550 X 1 166,550
PAYCHEX INC COM 704326107 5,276,480 131,912 X 1 131,912
PAYCHEX INC COM 704326107 10,800 270 X 270
PENTAIR INC COM 709631105 1,778,700 46,200 X 1 46,200
PEOPLES ENERGY CORP COM 711030106 2,512,500 75,000 X 1 75,000
PEOPLES HERITAGE FINL GRP INC COM 711147108 5,772,703 383,250 X 1 383,250
PEPSI BOTTLING GROUP COM 713409100 18,980,625 1,146,000 X 1 1,146,000
PEPSICO INC COM 713448108 24,491,700 694,800 X 1 694,800
PERKINELMER INC COM 714046109 2,630,481 63,100 X 1 63,100
PETROLEUM GEO SERVICES ADR COM 716597109 12,737,719 715,100 X 1 715,100
PHARMACIA & UPJOHN INC COM 716941109 2,992,500 66,500 X 1 66,500
PFIZER INC COM 717081103 18,781,313 579,000 X 1 579,000
PFIZER INC COM 717081103 10,704 330 X 330
PHILIP MORRIS CO INC COM 718154107 11,011,744 474,900 X 1 474,900
PHILLIPS PETROLEUM CO COM 718507106 7,755,000 165,000 X 1 165,000
PIEDMONT NATURAL GAS CO INC COM 720186105 3,941,575 130,300 X 1 130,300
PINNACLE WEST CAPITAL CORP COM 723484101 10,831,350 354,400 X 1 354,400
PIONEER NATURAL RESOURCES CO COM 723787107 135,046 15,110 X 1 15,110
PLEXUS CORP COM 729132100 3,322,000 75,500 X 1 75,500
POHANG IRON AND STEEL ADR COM 730450103 640,500 18,300 X 1 18,300
PORTUGAL TELECOM ADR COM 737273102 1,631,250 150,000 X 1 150,000
POTOMAC ELECTRIC POWER CO COM 737679100 3,933,781 171,500 X 1 171,500
POWER INTEGRATIONS INC COM 739276103 2,257,856 47,100 X 1 47,100
POWERWAVE TECHNOLOGIES INC COM 739363109 1,908,863 32,700 X 1 32,700
PRICE COMMUNICATIONS CORP COM 741437305 12,486,519 448,954 X 1 448,954
PRIDE PETROLEUM INTERNATIONAL COM 741932107 4,456,238 304,700 X 1 304,700
PROCTER & GAMBLE CO COM 742718109 39,749,275 362,800 X 1 362,800
PROGRESS SOFTWARE CORP COM 743312100 5,283,425 93,100 X 1 93,100
PROLOGIS TRUST COM 743410102 33,639,375 1,747,500 X 1 1,747,500
PROTECTIVE LIFE CORP COM 743674103 1,482,463 46,600 X 1 46,600
PROVIDENT BANKSHARES CORP COM 743859100 2,266,206 130,900 X 1 130,900
PROVIDIAN FINANCIAL CORP COM 74406A102 3,141,656 34,500 X 1 34,500
PUBLIC SERVICE CO NEW MEX COM 744499104 12,111,125 745,300 X 1 745,300
PUGET SOUND ENERGY INC COM 745332106 2,009,188 103,700 X 1 103,700
QLOGIC CORP COM 747277101 2,989,663 18,700 X 1 18,700
QUAKER OATS CO COM 747402105 16,596,563 252,900 X 1 252,900
QUALCOMM INC COM 747525103 7,120,500 40,400 X 1 40,400
QUALCOMM INC COM 747525103 14,100 80 X 80
QUANEX CORP COM 747620102 2,149,650 84,300 X 1 84,300
QUEST DIAGNOSTICS COM 74834L100 1,164,431 38,100 X 1 38,100
FALCON DRILLING COMPANY INC COM 74912E101 17,826,550 1,345,400 X 1 1,345,400
RSA SECURITY INC COM 749719100 984,250 12,700 X 1 12,700
RF MICRO DEVICES INC COM 749941100 8,198,813 119,800 X 1 119,800
RF MICRO DEVICES INC COM 749941100 6,159 90 X 90
RADIAN GROUP INC COM 750236101 8,260,750 173,000 X 1 173,000
RALCORP HOLDINGS, INC. COM 751028101 1,886,088 94,600 X 1 94,600
RAYMOND JAMES FINANCIAL INC COM 754730109 3,171,269 169,700 X 1 169,700
RAYTHEON CO CLASS A COM 755111309 2,759,150 111,200 X 1 111,200
REALNETWORKS INC COM 75605L104 4,871,738 40,200 X 1 40,200
REALNETWORKS INC COM 75605L104 6,059 50 X 50
REHABCARE GROUP INC COM 759148109 3,284,938 155,500 X 1 155,500
RELIANCE IND GDR COM 759470107 174,000 12,000 X 1 12,000
RELIANT ENERGY INC COM 75952J108 18,469,275 807,400 X 1 807,400
REPSOL SA ADS (NYSE) COM 76026T205 3,982,725 171,300 X 1 171,300
RITE AID CORP COM 767754104 407,225 36,400 X 1 36,400
ROSS STORES COM 778296103 8,871,888 494,600 X 1 494,600
ROYAL DUTCH PETRO-NY SHARES COM 780257804 23,951,381 396,300 X 1 396,300
RUSS BERRIE & CO INC COM 782233100 3,601,500 137,200 X 1 137,200
RYERSON TULL INC COM 78375P107 1,307,094 67,246 X 1 67,246
SBC COMMUNICATIONS INC COM 78387G103 70,477,046 1,445,683 X 1 1,445,683
SEI INVESTMENTS COMPANY COM 784117103 2,237,494 18,800 X 1 18,800
SK TELECOM CO LTD-ADR COM 78440P108 2,289,990 59,674 X 1 59,674
SPS TECHNOLOGIES, IN COM 784626103 846,344 26,500 X 1 26,500
SAFEWAY INC COM 786514208 6,256,866 175,940 X 1 175,940
ST JUDE MEDICAL INC COM 790849103 3,461,550 112,800 X 1 112,800
ST JOHNSBURY TRUCKING CO COM 79099L109 2,046 204,637 X 1 204,637
ST PAUL COMPANIES INC COM 792860108 5,592,125 166,000 X 1 166,000
SAMSUNG ELEC GDS COMMON COM 796050888 2,651,725 21,691 X 1 21,691
SANMINA CORPX COM 800907107 6,511,850 65,200 X 1 65,200
SANMINA CORPX COM 800907107 999 10 X 10
SARA LEE CORP COM 803111103 19,516,488 884,600 X 1 884,600
SCHERING-PLOUGH CORP COM 806605101 9,395,156 222,700 X 1 222,700
SCHLUMBERGER LTD COM 806857108 13,038,750 231,800 X 1 231,800
SCOTTISH POWER PLC-ADR COM 81013T705 14,193,200 506,900 X 1 506,900
SCUDDER NEW ASIA FD INC COM 811183102 980,719 49,500 X 1 49,500
SEACOR SMIT INC COM 811904101 4,196,925 81,100 X 1 81,100
SEMTECH CORP COM 816850101 2,689,650 51,600 X 1 51,600
SEMPRA ENERGY COM 816851109 16,955,359 975,848 X 1 975,848
SHAW INDUSTRIES INC COM 820286102 8,699,031 563,500 X 1 563,500
SHERWIN WILLIAMS CO COM 824348106 3,794,700 180,700 X 1 180,700
SHIRE PHARMACEUTICALS-ADR COM 82481R106 2,569,105 88,210 X 1 88,210
SIEBEL SYSTEMS INC COM 826170102 9,198,000 109,500 X 1 109,500
SIEBEL SYSTEMS INC COM 826170102 3,360 40 X 40
SIERRA PACIFIC RESOURCES COM 826428104 22,348,776 1,290,904 X 1 1,290,904
SKYWEST INC COM 830879102 2,282,000 81,500 X 1 81,500
SMITHFIELD FOODS INC COM 832248108 2,659,200 110,800 X 1 110,800
SONIC CORP COM 835451105 1,205,550 42,300 X 1 42,300
SOUTHERN CO COM 842587107 13,190,550 561,300 X 1 561,300
SOVEREIGN BANCORP INC COM 845905108 10,060,973 1,349,900 X 1 1,349,900
SPRINT CORP (FON GROUP) COM 852061100 3,123,300 46,400 X 1 46,400
SPRINT CORP PCS COM 852061506 2,398,500 23,400 X 1 23,400
STATEN ISLAND BANCORP INC COM 857550107 1,233,000 68,500 X 1 68,500
SUN CARRIERS INC COM 86664L109 8,476 847,600 X 1 847,600
SUN MICROSYSTEMS INC COM 866810104 32,268,206 416,700 X 1 416,700
SUN MICROSYSTEMS INC COM 866810104 10,841 140 X 140
SUNGARD DATA SYSTEMS INC COM 867363103 1,501,000 63,200 X 1 63,200
SUPERIOR INDUSTRIES INTL COM 868168105 1,187,794 44,300 X 1 44,300
SUPERVALU INC COM 868536103 576,720 28,836 X 1 28,836
SUSQUEHANNA BANCSHARES INC COM 869099101 1,598,613 100,700 X 1 100,700
SYBASE INC COM 871130100 1,839,400 108,200 X 1 108,200
SYMANTEC CORP COM 871503108 7,410,200 126,400 X 1 126,400
SYMANTEC CORP COM 871503108 586 10 X 10
SYSCO CORP COM 871829107 12,616,481 318,900 X 1 318,900
SYSTEMS & COMPUTER TECH CORP COM 871873105 1,748,500 107,600 X 1 107,600
TJX COMPANIES, INC COM 872540109 9,090,600 444,800 X 1 444,800
TAIWAN FUND INC COM 874036106 965,775 47,400 X 1 47,400
TALK.COM INC COM 874264104 1,762,575 99,300 X 1 99,300
TANDY CORP COM 875382103 14,052,869 285,700 X 1 285,700
TELE DANMARK A/S-ADR COM 879242105 26,991,250 715,000 X 1 715,000
TELENORTE LESTE PATICIP-ADR COM 879246106 9,389,100 368,200 X 1 368,200
TELECOM ARGENTINA COM 879273209 417,850 12,200 X 1 12,200
TELECOM NEW ZEALAND-SP ADR COM 879278208 8,250,550 214,300 X 1 214,300
TELECOMUNICACOES BRASIL ADR COM 879287100 459 29,400 X 1 29,400
TELEBRAS-SPONS ADR PFD BLOCK COM 879287308 3,325,195 25,877 X 1 25,877
TELEFONICA SA-SPON ADR COM 879382208 46,668,547 592,147 X 1 592,147
TELEFONOS DE MEXICO-CL L ADR COM 879403780 24,412,500 217,000 X 1 217,000
TELEPHONE & DATA COM 879433100 12,511,800 99,300 X 1 99,300
TELESP PARTICIPACOES ADR COM 87952K100 303,025 12,400 X 1 12,400
TELLABS INC COM 879664100 28,345,200 441,600 X 1 441,600
TELLABS INC COM 879664100 10,912 170 X 170
TELSTRA CORP-ADR (FINAL) COM 87969N204 1,024,600 37,600 X 1 37,600
TEMPLE INLAND INC COM 879868107 4,787,063 72,600 X 1 72,600
TEMPLETON EMERGING MKTS FD COM 880191101 587,256 43,300 X 1 43,300
TERADYNE INC COM 880770102 40,378,668 611,798 X 1 611,798
TERADYNE INC COM 880770102 11,880 180 X 180
TEREX CORP COM 880779103 3,371,625 121,500 X 1 121,500
TESORO PETROLEUM CORP COM 881609101 1,647,656 142,500 X 1 142,500
TEXACO INC COM 881694103 3,465,138 63,800 X 1 63,800
TEXAS INSTRUMENTS INC COM 882508104 15,490,313 159,900 X 1 159,900
TEXAS INSTRUMENTS INC COM 882508104 2,906 30 X 30
TEXAS UTILITIES CO COM 882848104 39,410,363 1,108,200 X 1 1,108,200
THAI FUND COM 882904105 539,844 69,100 X 1 69,100
TEXTRON INC COM 883203101 11,365,088 148,200 X 1 148,200
THERMO ELECTRON CORP COM 883556102 3,169,500 211,300 X 1 211,300
TIDEWATER INC COM 886423102 2,880,000 80,000 X 1 80,000
TIME WARNER INC COM 887315109 1,361,825 18,800 X 1 18,800
TIMES MIRROR CO CL A COM 887364107 3,644,800 54,400 X 1 54,400
TOLL BROTHERS INC COM 889478103 961,050 51,600 X 1 51,600
TORO CO COM 891092108 1,679,063 45,000 X 1 45,000
TOSCO CORP COM 891490302 5,698,500 209,600 X 1 209,600
TOTAL RENAL CARE COM 89151A107 367,813 55,000 X 1 55,000
TOWER AUTOMOTIVE INC COM 891707101 1,182,513 76,600 X 1 76,600
TOYS R US INC COM 892335100 4,787,531 334,500 X 1 334,500
TRAVELERS PROPERTY CASUALTY COM 893939108 14,193,200 414,400 X 1 414,400
TREDEGAR CORP COM COM 894650100 2,019,100 97,600 X 1 97,600
TRIBUNE CO COM 896047107 11,023,513 200,200 X 1 200,200
TRIGON HEALTHCARE INC. COM 89618L100 1,708,050 57,900 X 1 57,900
TRUE NORTH COMMUNICATIONS COM 897844106 3,338,156 74,700 X 1 74,700
TUPPERWARE CORPORATION COM 899896104 4,293,656 253,500 X 1 253,500
TYCO INT'L LTD COM 902124106 13,905,588 357,700 X 1 357,700
TYSON FOODS INC-CL A COM 902494103 4,899,375 301,500 X 1 301,500
UAL INC COM 902549500 11,370,663 146,600 X 1 146,600
U G I CORP COM 902681105 2,620,088 128,200 X 1 128,200
USX-MARATHON GROUP COM 902905827 4,510,406 182,700 X 1 182,700
URS CORP COM 903236107 1,594,031 73,500 X 1 73,500
U.S. CAN CORPORATION COM 90328W105 1,421,063 71,500 X 1 71,500
USG CORP NEW COM 903293405 7,021,625 149,000 X 1 149,000
ULTRAMAR DIAMOND SHAMROCK CORP COM 904000106 1,488,300 65,600 X 1 65,600
ULTRAMED COM 904006AAA 0 450,000 X 1 450,000
UNICOM CORPORATION COM 904911104 17,905,750 534,500 X 1 534,500
UNION PACIFIC CORP COM 907818108 6,932,013 158,900 X 1 158,900
UNIONBANCAL CORPORATION COM 908906100 19,458,463 493,400 X 1 493,400
UNISYS CORP COM 909214108 8,987,213 281,400 X 1 281,400
UNITED AUTO GROUP INC COM 909440109 1,753,538 196,200 X 1 196,200
UNITED HEALTHCARE CORP COM 910581107 28,708,750 540,400 X 1 540,400
UNITED HEALTHCARE CORP COM 910581107 10,094 190 X 190
UNITED ILLUMINATING CO COM 910637107 1,448,775 28,200 X 1 28,200
US CELLULAR CORP COM 911684108 6,480,188 64,200 X 1 64,200
U S HOME CORP COM 911920106 798,010 31,218 X 1 31,218
US WEST INC COM 91273H101 1,483,200 20,600 X 1 20,600
UNITED STATIONERS INC COM 913004107 3,853,081 134,900 X 1 134,900
UNITED TECHNOLOGIES CORP COM 913017109 17,517,500 269,500 X 1 269,500
UNIVERSAL CORP HOLDING CO COM 913456109 2,596,063 113,800 X 1 113,800
UNIVERSAL HEALTH SERVICES - B COM 913903100 1,706,400 47,400 X 1 47,400
UNIVISION COMMUNICATIONS CL A COM 914906102 6,356,063 62,200 X 1 62,200
UNUMPROVIDENT CORP COM 91529Y106 2,940,131 91,700 X 1 91,700
USFREIGHTWAYS CORPORATION COM 916906100 7,205,188 150,500 X 1 150,500
UTILICORP UNITED INC COM 918005109 3,856,400 198,400 X 1 198,400
VALASSIS COMM. INC COM 918866104 10,685,025 252,900 X 1 252,900
VERITAS SOFTWRE COM 923436109 11,750,563 82,100 X 1 82,100
VERITAS SOFTWRE COM 923436109 11,450 80 X 80
VERITAS DGC INC COM 92343P107 2,780,400 198,600 X 1 198,600
VIACOM INC CL A COM 925524100 1,746,644 28,900 X 1 28,900
VIACOM INC CL B COM 925524308 1,692,250 28,000 X 1 28,000
VINTAGE PETROLEUM INC COM 927460105 2,919,125 242,000 X 1 242,000
VISHAY INTERTECHNOLOGY COM 928298108 5,739,938 181,500 X 1 181,500
VISX INC COM 92844S105 5,009,400 96,800 X 1 96,800
VISX INC COM 92844S105 5,693 110 X 110
VITESSE SEMICONDUCTOR CORP COM 928497106 7,933,794 151,300 X 1 151,300
VITESSE SEMICONDUCTOR CORP COM 928497106 1,573 30 X 30
VODAFONE AIRTOUCH PLC-ADR COM 92857T107 3,024,450 61,100 X 1 61,100
WAL-MART STORES INC COM 931142103 50,129,450 725,200 X 1 725,200
WALTER INDUSTRIES INC COM 93317Q105 1,235,869 114,300 X 1 114,300
WARNER-LAMBERT CO COM 934488107 22,385,325 273,200 X 1 273,200
WASHINGTON FEDERAL INC COM 938824109 1,040,825 52,700 X 1 52,700
WASHINGTON MUTUAL INC COM 939322103 11,055,200 425,200 X 1 425,200
WATERS CORPORATION COM 941848103 5,830,000 110,000 X 1 110,000
WATSON PHARMACEUTICALS COM 942683103 2,431,669 67,900 X 1 67,900
WEATHERFORD INTERNATIONAL COM 947074100 13,291,200 332,800 X 1 332,800
WEBSTER FINANCIAL CORP COM 947890109 5,612,588 238,200 X 1 238,200
WELLPOINT HEALTH NETWORKS COM 94973H108 5,657,438 85,800 X 1 85,800
WELLS FARGO & CO COM 949746101 1,451,706 35,900 X 1 35,900
WESLEY JESSEN VISIONCARE COM 951018100 2,102,063 55,500 X 1 55,500
WESTVACO CORP COM 961548104 9,200,250 282,000 X 1 282,000
WEYERHAEUSER CO COM 962166104 9,220,725 128,400 X 1 128,400
WHIRLPOOL CORP COM 963320106 11,984,513 184,200 X 1 184,200
WHITNEY HOLDING CORP COM 966612103 3,246,675 87,600 X 1 87,600
WHITTMAN-HART INC COM 966834103 4,579,575 85,400 X 1 85,400
WHITTMAN-HART INC COM 966834103 2,145 40 X 40
WILLAMETTE IND INC COM 969133107 2,414,750 52,000 X 1 52,000
WILLIAMS COMPANIES INC COM 969457100 28,876,581 944,837 X 1 944,837
WINNEBAGO INDUSTRIES COM 974637100 826,575 41,200 X 1 41,200
WORTHINGTON INDUSTRIES COM 981811102 2,303,844 139,100 X 1 139,100
WYNNS INTERNATIONAL INC COM 983195108 2,894,919 204,950 X 1 204,950
XILINIX INC COM 983919101 10,939,781 240,600 X 1 240,600
XILINIX INC COM 983919101 10,913 240 X 240
XIRCOM INC COM 983922105 5,445,000 72,600 X 1 72,600
XTRA CORP COM 984138107 1,717,788 40,300 X 1 40,300
YORK INTERNATIONAL CORP COM 986670107 2,162,075 78,800 X 1 78,800
ZALE CORP COM 988858106 4,537,575 93,800 X 1 93,800
ZALE CORP COM 988858106 5,321 110 X 110
ZEBRA TECHNOLOGIES CORP-CL A COM 989207105 3,591,900 61,400 X 1 61,400
ZIXIT CORPORATION COM 98974P100 1,355,175 34,200 X 1 34,200
GLOBAL CROSSING LTD COM G3921A100 56,375,000 1,127,500 X 1 1,127,500
TOMMY HILFIGER CORP COM G8915Z102 4,275,513 183,400 X 1 183,400
TOMMY HILFIGER CORP COM G8915Z102 5,362 230 X 230
TRANSOCEAN SEDCO FOREX INC COM G90078109 8,973,558 266,376 X 1 266,376
XL CAPITAL LTD-CLASS A COM G98255105 3,179,938 61,300 X 1 61,300
STOLT COMEX SEAWAY S.A. COM L8873E103 2,642,831 238,900 X 1 238,900
ORBOTECH LTD COM M75253100 883,500 11,400 X 1 11,400
CORE LABORATORIES N.V. COM N22717107 1,887,881 94,100 X 1 94,100
ENRON CAPITAL MIP 8.00% COM P37307108 9,325,000 400,000 X 1 400,000
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